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To: george76

Clever of that BLS to omit food and energy from the CPI basket of goods, because those measures “too volatile.” Not that anybody needs food or energy to live, so why include them in the core inflation numbers?


16 posted on 06/20/2014 9:39:23 PM PDT by kevao (Biblical Jesus: Give your money to the poor. Socialist Jesus: Give your neighbor's money to the poor)
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To: kevao

yes


18 posted on 06/20/2014 9:43:22 PM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: kevao
Clever of that BLS to omit food and energy from the CPI basket of goods, because those measures “too volatile.” Not that anybody needs food or energy to live, so why include them in the core inflation numbers?

Also rather neat that core inflation is one of the main tools used by the Fed to measure how well they are doing. /sarc
38 posted on 06/21/2014 2:11:00 AM PDT by khelus
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To: kevao
Clever of that BLS to omit food and energy from the CPI basket of goods, because those measures “too volatile.”

Funny how food and fuel only seem to "volatile" in an upward direction.

41 posted on 06/21/2014 4:00:07 AM PDT by Flick Lives ("I can't believe it's not Fascism!")
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To: kevao
Clever of that BLS to omit food and energy from the CPI basket of goods, because those measures “too volatile.”

Indeed, they conveniently forget that they could use a "moving average" which would, at least, give some kind of indication.

62 posted on 06/21/2014 10:21:54 AM PDT by Oatka (This is America. Assimilate or evaporate.)
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